Borana Weaves Limited
Borana Weaves Limited, established in 2020 in Surat, Gujarat, manufactures unbleached synthetic grey fabric for dyeing and printing in various sectors, alongside producing polyester textured yarn for its fabric production.
What Borana files
- Others23
- Board Meeting10
- Important10
- Updates5
- Investor Meet4
- Results4
Borana Weaves has approved an unsecured loan agreement of up to 5 Cr with Win Star Industries. Bearing 12% annual interest, this loan provides financial assistance to Win Star's operations and creates an interest income stream for Borana Weaves.
Borana Weaves Limited has provided web links for its 6th Annual General Meeting (AGM) notice and Annual Report. The AGM will be held through video conference, allowing shareholders to access important documents digitally.
Borana Weaves Board approved the financial results for the quarter, reporting revenue of 100.84 Cr and profit of 16.48 Cr. It also greenlit Unit 4 expansion with 192 looms and 3 texturizing machines, aiming for December production via internal accruals. Remuneration for three key directors was increased to Rs 1.5...
Borana Weaves faces a Rs. 94,400 fine from NSE for delayed financial results for the quarter. Non-compliance within 15 days risks freezing promoter shares and moving trading to 'Trade for Trade'.
Borana Weaves Limited received Ministry of Textiles approval to join the Production Linked Incentive (PLI) Scheme for Textiles. This significant development positions the company for potential financial benefits and growth.